CenterPoint Energy (CNP) Sells Louisiana and Mississippi Gas Assets to Bernhard Capital Partners for $1.2B

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Go back to CenterPoint Energy (CNP) Sells Louisiana and Mississippi Gas Assets to Bernhard Capital Partners for $1.2B

CenterPoint Energy (CNP) PT Lowered to $32 at Guggenheim

February 20, 2024 2:46 PM EST

Guggenheim analyst Shahriar Pourreza lowered the price target on CenterPoint Energy (NYSE: CNP) to $32.00 (from $33.00) while maintaining a Buy rating.

The analyst comments "CNP reported 4Q23 earnings in line with our estimates and consensus, reiterated 2024 guidance, raised capex again (+$600M), and reiterated LT growth rates (8% in 2024, top half of 6-8% through 2030). CNP concurrently... More